209 CMR, § 45.10

Current through Register 1531, September 27, 2024
Section 45.10 - Office Locations
(1)Office Locations. A licensee shall obtain a separate license in order to conduct business at another location; however, 209 CMR 45.10(1) shall not apply to check sellers.
(2)Security. A licensee shall maintain adequate security for the protection of its customers' funds and for the safety of its customers and employees.
(3)Relocations and Closings. A licensee shall obtain the Commissioner's prior written approval of any change in or closing of a Massachusetts location; however, 209 CMR 45.10(3) shall not apply to check sellers. Written applications to the Commissioner shall be submitted prior to any such change or closing and shall contain such other information as the Commissioner may require.

209 CMR, § 45.10

Amended by Mass Register Issue 1321, eff. 9/9/2016.
Amended by Mass Register Issue 1408, eff. 1/10/2020.